Harmony Information Systems

Reston, United States Founded: 1998 • Age: 28 yrs Acquired By Mediware
Case management and financial solutions for non-institutional healthcare are delivered.
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About Harmony Information Systems

Harmony Information Systems is a company based in Reston (United States) founded in 1998 was acquired by Mediware in June 2014.. Harmony Information Systems has raised $38 million across 4 funding rounds from investors including Comerica, Updata Partners and Mediware. Harmony Information Systems has completed 1 acquisition, including Synergy Software Technologies. Harmony Information Systems offers products and services including Human Services Software, Mobile Assessments, and Resource Directory. Harmony Information Systems operates in a competitive market with competitors including Birdie, Lumeon, Log My Care, PatientPing and Switchboard Health, among others.

  • Headquarter Reston, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $38 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4 M (USD), Debt – Venture

    Dec 15, 2011

  • Investors
    Comerica

    & 5 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Mediware

    (Jun 11, 2014)

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Products & Services of Harmony Information Systems

Harmony Information Systems offers a comprehensive portfolio of products and services, including Human Services Software, Mobile Assessments, and Resource Directory. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages Medicaid waivers and care processes for states.

Enables field evaluations for care management and productivity.

Provides searchable resources for community support services.

Funding Insights of Harmony Information Systems

Harmony Information Systems has successfully raised a total of $38M across 4 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $4 million completed in December 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Debt – Venture — $4.0M
  • First Round

    (12 Dec 2006)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2011 Amount Debt – Venture - Harmony Information Systems Valuation

investors

Jul, 2009 Amount Series B - Harmony Information Systems Valuation

investors

Oct, 2007 Amount Series B - Harmony Information Systems Valuation JMI Management , Updata Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Harmony Information Systems

Harmony Information Systems has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Comerica, Updata Partners and Mediware. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech-focused Venture debt provider investing primarily in the US and Canada
Founded Year Domain Location
ORIX USA is engaged in middle market asset management and lending.
Founded Year Domain Location
Private equity firm investing in software companies
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Harmony Information Systems

Harmony Information Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Synergy Software Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Software technologies are developed for business applications.
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Harmony Information Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Harmony Information Systems Comparisons

Employees
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Competitors of Harmony Information Systems

Harmony Information Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Birdie, Lumeon, Log My Care, PatientPing and Switchboard Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based software for elderly care management is provided.
domain founded_year HQ Location
A real-time platform for viewing entire patient journeys is provided.
domain founded_year HQ Location
Provider of a care management platform for care providers
domain founded_year HQ Location
Cloud-based care coordination is enabled for healthcare providers.
domain founded_year HQ Location
Digital virtual care networking is enabled for healthcare professionals.
domain founded_year HQ Location
Provider of care planning and management software for care home and agencies
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Harmony Information Systems

Harmony scores $7.5M - PE Hub
Pehub19 years ago

Frequently Asked Questions about Harmony Information Systems

When was Harmony Information Systems founded?

Harmony Information Systems was founded in 1998 and raised its 1st funding round 8 years after it was founded.

Where is Harmony Information Systems located?

Harmony Information Systems is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.

Is Harmony Information Systems a funded company?

Harmony Information Systems is a funded company, having raised a total of $38M across 4 funding rounds to date. The company's 1st funding round was a Series B of $28M, raised on Dec 12, 2006.

What does Harmony Information Systems do?

Harmony Information Systems provides end-to-end solutions to manage healthcare delivery to adults, seniors, disabled persons, and other consumers in non-institutional settings. Provides Case management suite to cover the service delivery cycle and portals for providers, consumers, and caregivers. Claims to offer the only suite of solutions built specifically to enable organisations to serve more consumers with existing resources via home and community-based approaches to long-term care. The solutions enable organisations to maximise resources, optimise outcomes, ensure compliance with funding requirements and effectively manage Medicaid processes. Has partnerships with Microsoft, VisionWare, and LogiXML. Customers include federal agencies, local government agencies, managed care organisations, and caregivers. Claims to have more than 25000 users across over 40 agencies.

Who are the top competitors of Harmony Information Systems?

Harmony Information Systems's top competitors include Birdie, Lumeon and PatientPing.

What products or services does Harmony Information Systems offer?

Harmony Information Systems offers Human Services Software, Mobile Assessments, and Resource Directory.

How many acquisitions has Harmony Information Systems made?

Harmony Information Systems has made 1 acquisition, including Synergy Software Technologies.

Who are Harmony Information Systems's investors?

Harmony Information Systems has 6 investors. Key investors include Comerica, Updata Partners, Mediware, Wellington Financial, and ORIX USA.

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